Momentus Inc. (NASDAQ:MNTSW – Get Rating) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 43,600 shares, a growth of 13.2% from the November 30th total of 38,500 shares. Based on an average daily volume of 15,000 shares, the days-to-cover ratio is currently 2.9 days.

Institutional Trading of Momentus

A hedge fund recently raised its stake in Momentus stock. CSS LLC IL increased its position in Momentus Inc. (NASDAQ:MNTSW – Get Rating) by 33.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 246,208 shares of the company's stock after acquiring an additional 61,287 shares during the period. CSS LLC IL's holdings in Momentus were worth $76,000 at the end of the most recent reporting period.

Momentus Price Performance

Momentus stock opened at $0.05 on Tuesday. The stock's 50 day simple moving average is $0.10 and its two-hundred day simple moving average is $0.18. Momentus has a fifty-two week low of $0.03 and a fifty-two week high of $0.95.

Read More

• Get a free copy of the StockNews.com research report on Momentus (MNTSW)
• Ready for a Recession? Here's One Defensive Stock You Can't Miss
• Should You Store Your Capital in Pure Storage Stock?
• Is it Time to Back up the Truck on Ford Stock?
• Walt Disney Stock Looks Marvelous Down
• Analysts Ring In The New Year With These 2 Q3 Winners

Receive News & Ratings for Momentus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Momentus and related companies with MarketBeat.com's FREE daily email newsletter.